LTIMindtree slides after Q4 PAT drops 6% QoQ to Rs 1,100 cr
Mumbai, April 25 -- Revenue from operations declined 1.38% to Rs 8,892 crore in Q4 FY24 as compared with Rs 9,016 crore in Q3 FY24.
As compared with Q4 FY23, the company's net profit fell 1.26% and revenue from operations jumped 2.31% during the quarter.
Profit before tax declined 6.24% QoQ to Rs 1448 crore in Q4 FY24.
EBITDA stood at Rs 1,603.7 crore in Q4 FY24, down 3.1% QoQ and 4.2% YoY. EBITDA Margin was 17.3% in Q4 FY24 as against 17.6% in Q3 FY24 and 18.5% in Q4 FY23.
In dollar terms, the company recorded a revenue of $1,069.4 million in Q4 FY24, down 1.3% QoQ and up 1.1% YoY. Revenue growth, in constant currency terms, was down 1.3% QoQ and 1.2% YoY.
The company said it added 30 new clients during the quarter ended 31 March 20...
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